Miami, FL – July 31, 2020 (EmergingGrowth.com NewsWire) — EmergingGrowth.com, a leading independent small cap media portal with an extensive history of providing unparalleled content for the Emerging Growth markets and companies, reports on Bactech Environmental Corp. (OTC Pink: BCCEF), (CSE: BAC).
A recent report was issued on the growth of the global “Green Bond” market. Green Bonds are issued to finance projects where a meaningful outcome can be measured socially as well as environmentally. In the past solar power, wind power and battery development have been the major recipients of this type of financing.
BacTech Environmental Corporation (OTC:BCCEF, CSE:BAC) has made this type of financing a priority for obvious reasons. Conventional bank financing, at this stage, is not an option for BacTech’s development of its planned bioleach plant to be built in Ponce Enriquez, Ecuador. Given bioleaching’s ability to stabilize arsenic associated with gold production it is easy to connect why the Company is pursuing this form of financing. In essence, BacTech ticks all the boxes to be approved for a loan based on a green initiative. The size of the market is truly staggering having grown to nearly $260 Billion from $0 ten years ago.
Companies such as Barrick Gold (NYSE:GOLD), Newmont Mining (NYSE:NEM), Agnico Eagle (NYSE:AEM) and Yamana Gold (NYSE:AUY) possibly could access this market for funding based on their contributions to elevating social benefits. The jury is still out on whether their legacies from mining would qualify for this type of financing.
EmergingGrowth.com is a leading independent small cap media portal with an extensive history of providing unparalleled content for the Emerging Growth markets and companies. Through its evolution, EmergingGrowth.com found a niche in identifying companies that can be overlooked by the markets due to, among other reasons, trading price or market capitalization. We look for strong management, innovation, strategy, execution, and the overall potential for long- term growth. Aside from being a trusted resource for the Emerging Growth info-seekers, we are well known for discovering undervalued companies and bringing them to the attention of the investment community. Through our parent Company, we also have the ability to facilitate road shows to present your products and services to the most influential investment banks in the space.